Listed owner vows to be “ruthlessly efficient” in its “quest for dividend aristocracy”
Non-core sales include former LXi REIT properties
105.6m new LondonMetric shares have been admitted to the London Stock Exchange
Patrick Vaughn steps down after group of shareholders oppose his re-election
The company has added a further £1.2m pa of extra rent through three grocery lettings
482,000 sq ft portfolio of 15 properties is largely in urban logistics
LondonMetric has bought a grocery-led property in South Ruislip for £18m
Logistics investor lines up some £450m of financing across green loans and bonds
The figures highlight the widening gap between the retail, offices and warehousing sectors
Elon Musk’s Tesla continues to refuse to pay rents, despite having a market cap of more than $250bn
LondonMetric collects 95% of rent owed and increases full-year dividend by 1%, to 8.3p per share
Firm says deal will let it fund a pipeline of acquisitions in urban logistics and long income